Author Topic: Ask Steve Dave Farm And Cow And Ranch And Tractor And Truck Related Questions (Read 380206 times)

KST8FAN · « **Reply #3600 on:** December 04, 2020, 07:52:30 PM »

A little Farmeo Christmas cheer... the cow ornament tree with juggalo right in the center.

Tom

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KST8FAN · « **Reply #3601 on:** December 06, 2020, 10:46:50 AM »

Tractor tree up!

Tom

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pissclams · « **Reply #3602 on:** December 06, 2020, 11:04:19 AM »

Quote from: sys on December 02, 2020, 12:10:25 AM

i've never seen a porcupine in the wild.

i have! in western kansas!

ben ji · « **Reply #3603 on:** December 07, 2020, 10:46:14 AM »

https://in.reuters.com/article/usa-crops-wheat/us-farmers-plant-more-winter-wheat-as-grain-prices-rally-idINL1N2HZ02M?mod=djemlogistics_h

$6 wheat? China slurping up sorghum as quick as possible? Boomtimes on the farm again?

KST8FAN · « **Reply #3604 on:** December 07, 2020, 12:56:21 PM »

Quote from: ben ji on December 07, 2020, 10:46:14 AM

https://in.reuters.com/article/usa-crops-wheat/us-farmers-plant-more-winter-wheat-as-grain-prices-rally-idINL1N2HZ02M?mod=djemlogistics_h

$6 wheat? China slurping up sorghum as quick as possible? Boomtimes on the farm again?

If China got their swine flu solved then they got lots of pigs to feed. We knew even if China took every last bushel from South America they would still need US grain. We have even exported to Brazil as they are in a drought now and short on beans for their own domestic needs.

The investment thread guys can explain how the dollar is impacting this too I think.

I hope these guys planting for next year are hedging some at today's prices.

Tom

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Spracne · « **Reply #3605 on:** December 21, 2020, 10:37:37 PM »

Thinking of purchasing this large property. Obviously, would need some capital. Is the cash flow from an operation this size sufficient to service debt (and taxes) on a property like this? Plus some labor, I guess.

https://hallhall.com/property-for-sale/kansas/spring-creek-ranch/a091Y00002GvxkX/

steve dave · « **Reply #3606 on:** December 21, 2020, 10:46:07 PM »

Quote from: Spracne on December 21, 2020, 10:37:37 PM

Thinking of purchasing this large property. Obviously, would need some capital. Is the cash flow from an operation this size sufficient to service debt (and taxes) on a property like this? Plus some labor, I guess.

https://hallhall.com/property-for-sale/kansas/spring-creek-ranch/a091Y00002GvxkX/

Short answer: yes.

Long answer: yes, if you are the labor and know what you are doing and have the significant other equipment with you needed to operate it with no other liabilities.

Final answer: no

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steve dave · « **Reply #3607 on:** December 21, 2020, 10:48:23 PM »

I obviously don’t know what your intent is but if it’s to buy it as an investment and not operate but service debt by leasing it’s a non starter IMO.

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ben ji · « **Reply #3608 on:** December 21, 2020, 10:48:45 PM »

Quote from: Spracne on December 21, 2020, 10:37:37 PM

Thinking of purchasing this large property. Obviously, would need some capital. Is the cash flow from an operation this size sufficient to service debt (and taxes) on a property like this? Plus some labor, I guess.

https://hallhall.com/property-for-sale/kansas/spring-creek-ranch/a091Y00002GvxkX/

If you have read this whole thread you would know that nobody actually makes any money farming/ranching.

All depends on how much gov money/oil/wind/farm mafia money they can bring in.

Spracne · « **Reply #3609 on:** December 21, 2020, 10:49:35 PM »

Quote from: steve dave on December 21, 2020, 10:46:07 PM

Quote from: Spracne on December 21, 2020, 10:37:37 PM
Thinking of purchasing this large property. Obviously, would need some capital. Is the cash flow from an operation this size sufficient to service debt (and taxes) on a property like this? Plus some labor, I guess.

https://hallhall.com/property-for-sale/kansas/spring-creek-ranch/a091Y00002GvxkX/
Short answer: yes.

Long answer: yes, if you are the labor and know what you are doing and have the significant other equipment with you needed to operate it with no other liabilities.

Final answer: no

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How big is the Dave family cow farm, and do you have any idea what its EBITDA typically is? Would be willing to more or less break even to pay other people to do the cow farming stuff.

sys · « **Reply #3610 on:** December 21, 2020, 11:28:59 PM »

that's a pretty amazing ranch.

obviously they've kept it understocked, but i'd be curious if anyone here knows what it could sustainably graze.

michigancat · « **Reply #3611 on:** December 21, 2020, 11:35:43 PM »

The Flint Hills are really beautiful

sys · « **Reply #3612 on:** December 21, 2020, 11:36:18 PM »

hmm, looked into it and i guess it's not understocked. btw, spracne, from the 2019 info i found, you'd be looking at ~ $350k in annual grazing lease income.

michigancat · « **Reply #3613 on:** December 21, 2020, 11:38:34 PM »

Also that seems really expensive for grass

sys · « **Reply #3614 on:** December 22, 2020, 12:29:30 AM »

the flint hills has good grass.

bucket · « **Reply #3615 on:** December 22, 2020, 12:34:52 AM »

Having looked at purchasing farm ground

1. Farm ground appreciates really well
2. Leasing farm ground is pathetic

KST8FAN · « **Reply #3616 on:** December 22, 2020, 03:47:22 AM »

Had to disk bean stubble before putting on NH3. The renter has Versatile 750 he used to do the job. Cool old tractor.

Fun fact: Versatile was the first company to produce articulated 4wd tractors.

Tom

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steve dave · « **Reply #3617 on:** December 22, 2020, 08:06:19 AM »

we had two (2) of those versatile's growing up! I think we used them until I was in like junior high. now we just have jd articulateds.

steve dave · « **Reply #3618 on:** December 22, 2020, 08:11:11 AM »

a key feature of them was their leaky AF AC system. I put so much freon in those things. the poor, poor environment.

fun thing I just remembered. this hand held freon can using deal. do you put a hose on the nob like you would? absolutely not. you puncture the entire side of the can with this jobber and then hose it into the tractor losing like 30% of it along the way somehow.

steve dave · « **Reply #3619 on:** December 22, 2020, 08:12:40 AM »

thinking back it must have seemed amazing that I was so frugal with grease tube usage but so extravagant with my freon consumption

Sandstone Outcropping · « **Reply #3620 on:** December 22, 2020, 08:57:22 AM »

Quote from: KST8FAN on December 22, 2020, 03:47:22 AM

Had to disk bean stubble before putting on NH3. The renter has Versatile 750 he used to do the job. Cool old tractor.

Fun fact: Versatile was the first company to produce articulated 4wd tractors.

Tom

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There are some old Versatile still going out there. I had a model JD 8850 when I was a kid - paired it with the 16 row JD MaxEmerge row crop planter for hours of farm play.

star seed 7 · « **Reply #3621 on:** December 26, 2020, 05:16:42 PM »

Flint hills hobby farming today

KST8FAN · « **Reply #3622 on:** December 26, 2020, 06:03:58 PM »

Where is that at Star?

Tom

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star seed 7 · « **Reply #3623 on:** December 26, 2020, 06:42:14 PM »

Eskridge/paxico ish

ben ji · « **Reply #3624 on:** December 26, 2020, 07:21:26 PM »

60 degrees on the cat ranch today with no wind so of course I had to watch the sunset on hay bale hill.